This service provides comprehensive payroll and PAYE compliance outsourcing for UK\u2011based online stores and SMEs. We understand that payroll is far more than just \u201cpaying wages\u201d \u2013 it involves complex tax computations, Real Time Information (RTI) filings, pension auto\u2011enrolment, benefits reporting, and annual statutory documentation. Any error can lead to HMRC penalties or employee complaints. We take over the entire process, allowing you to focus on your core business.<\/p>\n
Full Payroll Cycle Processing \u2013 We process all employee wages at your chosen frequency (weekly, fortnightly, or monthly). This includes: computing basic pay or hourly rates plus overtime, commissions, bonuses, and allowances; calculating statutory sick pay (SSP), statutory maternity\/paternity pay (SMP\/SPP); deducting PAYE income tax and Class 1 National Insurance; deducting student loan repayments (Plan 1\/2\/4 or Postgraduate); handling attachments of earnings; and computing pension contributions (including auto\u2011enrolment compliance). After each cycle, we provide detailed payroll summary reports and employee payslips (digital or printed).<\/p>\n
Real Time Information (RTI) Submissions \u2013 On or before each payday, we submit full FPS (Full Payment Submission) reports to HMRC via HMRC\u2011approved payroll software. If corrections are needed, we file EPS (Employer Payment Summary) adjustments. We track every RTI submission to ensure it is not rejected or flagged. For leavers, we file the appropriate FPS leaver details to ensure smooth post\u2011employment tax handling.<\/p>\n
Auto\u2011enrolment Pension Compliance \u2013 We help you fulfil all auto\u2011enrolment duties: identifying eligible jobholders, selecting a compliant pension provider and setting up the scheme, calculating minimum employer and employee contributions, submitting contribution data to the pension provider on time, and completing re\u2011enrolment and re\u2011declaration cycles as required. We also maintain compliance records for The Pensions Regulator (TPR) and provide you with a clear compliance status report.<\/p>\n
Annual Payroll Tax Summaries (P60\/P11D) \u2013 At the end of each tax year (5 April), we prepare P60 annual summaries for every employee, showing total pay, PAYE, and NI deducted. If you provide taxable benefits (company cars, private medical insurance, interest\u2011free loans, etc.), we assist in calculating the cash equivalents, preparing and submitting P11D and P11D(b) returns. We can also assist with PSA (PAYE Settlement Agreement) filings for one\u2011off minor benefits.<\/p>\n
New Starter and Leaver Processing \u2013 For new hires, we help complete the Starter Checklist and confirm the correct tax code from day one. For leavers, we handle final wage calculations, accrued holiday pay, and accurately report the leaving date and final pay in the FPS, ensuring seamless transition to the employee\u2019s next employer or benefits.<\/p>\n
HMRC Payroll Audit Assistance \u2013 If your business is selected for a PAYE compliance review, we provide full support \u2013 gathering all requested payroll records, RTI submissions, and payment evidence; drafting responses to HMRC queries; and, if needed, representing you in telephone or face\u2011to\u2011face discussions with HMRC officers to minimise operational disruption.<\/p>\n","protected":false},"excerpt":{"rendered":"
This service provides comprehensive payroll and PAYE compliance outsourcing for UK\u2011based online stores and SMEs. We understand that payroll is far more than just \u201cpaying wages\u201d \u2013 it involves complex tax computations, Real Time Information (RTI) filings, pension auto\u2011enrolment, benefits reporting, and annual statutory documentation. Any error can lead to HMRC penalties or employee complaints. […]<\/p>\n","protected":false},"featured_media":18743,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[191],"product_tag":[],"class_list":["post-18764","product","type-product","status-publish","has-post-thumbnail","product_cat-consulting-services","first","instock","shipping-taxable","product-type-simple"],"_links":{"self":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/product\/18764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/product"}],"about":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/media\/18743"}],"wp:attachment":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18764"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_brand&post=18764"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_cat&post=18764"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_tag&post=18764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}